The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.

 

EVI Industries, Inc.

 

 

Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Stock-based Compensation (in thousands)

 

 

 

 

 

Unaudited

Unaudited

 

12-Months Ended

12-Months Ended

3-Months Ended

3-Months Ended

6/30/25

6/30/24

6/30/25

6/30/24

 

 

Net Income

$ 7,498

$ 5,646

$ 2,097

$ 2,067

Provision for Income Taxes

3,527

3,238

991

1,109

Interest Expense, Net

2,743

2,744

1,026

476

Depreciation and Amortization

6,692

5,983

1,958

1,491

Amortization of Stock-based Compensation

4,558

4,974

1,130

1,018

Adjusted EBITDA

$ 25,018

$ 22,585

$ 7,202

$ 6,161